Centre approves Rs 177 crore development project at Muthalapozhi harbour
ECONOMY & POLICY

Centre approves Rs 177 crore development project at Muthalapozhi harbour

The Centre has officially approved a comprehensive development project for the fishing harbour at Muthalapozhi, a coastal hamlet recently highlighted due to several fishing boat accidents. Located at Perumathura, where the Vamanapuram River and Kadinamkulam Lake meet the Arabian Sea, Muthalapozhi has become a perilous area for fishermen.

Union Minister of State for Fisheries and Animal Husbandry, George Kurian, announced the approval of the Rs 177 crore project on Sunday, based on a Detailed Project Report (DPR) submitted by the state government. The funding will be allocated on a 60:40 basis, with Rs 106.2 crore provided under the Pradhan Mantri Matsya Sampada Yojana (PMMSY), while the state's share will be Rs 70.80 crore.

The harbour expansion will accommodate 415 mechanised fishing boats, enabling the import of 38,142 metric tonnes of fish annually. Approximately 10,000 people will benefit directly from the project, with an equal number benefiting indirectly.

Of the total budget, Rs 164 crore will be invested in various infrastructure initiatives, including modernizing internal roads, establishing new drainage systems, creating parking areas, and renovating loading zones. The remaining funds will support coastal protection initiatives and the implementation of a smart green port project. The state government will oversee the execution of this multi-crore harbour development.

Kurian also urged the state government to take all necessary precautions to prevent further accidents at Muthalapozhi. Additionally, the Centre has selected six fishing hamlets in Kerala for its Climate Resilient Village programme and plans to modernize five ports in the state.

The Centre has officially approved a comprehensive development project for the fishing harbour at Muthalapozhi, a coastal hamlet recently highlighted due to several fishing boat accidents. Located at Perumathura, where the Vamanapuram River and Kadinamkulam Lake meet the Arabian Sea, Muthalapozhi has become a perilous area for fishermen. Union Minister of State for Fisheries and Animal Husbandry, George Kurian, announced the approval of the Rs 177 crore project on Sunday, based on a Detailed Project Report (DPR) submitted by the state government. The funding will be allocated on a 60:40 basis, with Rs 106.2 crore provided under the Pradhan Mantri Matsya Sampada Yojana (PMMSY), while the state's share will be Rs 70.80 crore. The harbour expansion will accommodate 415 mechanised fishing boats, enabling the import of 38,142 metric tonnes of fish annually. Approximately 10,000 people will benefit directly from the project, with an equal number benefiting indirectly. Of the total budget, Rs 164 crore will be invested in various infrastructure initiatives, including modernizing internal roads, establishing new drainage systems, creating parking areas, and renovating loading zones. The remaining funds will support coastal protection initiatives and the implementation of a smart green port project. The state government will oversee the execution of this multi-crore harbour development. Kurian also urged the state government to take all necessary precautions to prevent further accidents at Muthalapozhi. Additionally, the Centre has selected six fishing hamlets in Kerala for its Climate Resilient Village programme and plans to modernize five ports in the state.

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code